Critical Evaluation of an Entrepreneurial Australian Business Essay - 1

Critical evaluation of an Entrepreneurial Australian Business - Essay ExampleThe order operates in the technology industry which requires renewal at all times so as to remain competitive in the market. The business earlier was developed due to the exhaustive manual records hence there was a need for cheaper storage materials for the mild businesses. This led to the rise of depot focus systems by the company to alleviate the problem and make the businesses more than efficient (CAGAN, 2010).However, the industry is characterized by competitive markets where there are free entry and exit. Thus as time goes by the market is concentrated in the provision of the goods and services. The firm plans to increase its management systems so as to upsurge its node base as to raise more capital that can be used for expansions. The current server that is used by the company is quite small and cannot accommodate the arise demand for the service in data management by different institutions an d individuals. The company thus plans to authorise in more server space at relatively affordable cost. The organization also plans to diversify in its activities to surge revenue base which are just the few growth strategies to be implemented.The customer base has since increased since small business who cant afford the large and expensive management and documentation system ends up in the Betz facility services .this has since increased the market size of the company commanding a substantial share of the market. As a result, sales are greatly improve raising more revenue for the company.